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EMC buys Calif. data-backup software company

Boston.com:

Data storage company EMC Corp. of Hopkinton acquired Dantz Development Corp. of Walnut Creek, Calif., the latest move by EMC to strengthen its presence in small and midsize markets.

Dantz makes data backup and recovery software for consumers and small businesses. Its Retrospect software is sold in many retail stores and is included with external hard drives made by Maxtor Corp.

The acquisition marks EMC's first foray into retail software and gives EMC a low-end storage software product to match its hardware. After a brutal sales slump at the turn of the century, EMC recouped by cutting prices on its entire hardware line and by developing new products for smaller companies.

Posted by Dane on October 12, 2004 | 0 Comments

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